Buying a short sale home with a VA loan. Veterans can use their VA loan to purchase a short sale property as long as the home meets VA guidelines (safety, livability, and a justified sale price insured value).
verb (used with object), privatized, privatizing. 1. to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands. 2. to make exclusive; delimit or appropriate: special-interest groups attempting to privatize social issues.
Privatization, transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted. Services formerly provided by government may be contracted out.